PPP Loan information for First generation college bound, inc.

$117,815

First generation college bound, inc. was initially approved for PPP Loan of amount $117,815, the current approved amount is $117,815. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 10 jobs and $117,815 was used to fund payroll.

First generation college bound, inc. is Existing or more than 2 years old

FIRST GENERATION COLLEGE BOUND, INC.

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

FIRST GENERATION COLLEGE BOUND, INC.

Borrower Address

8101 Sandy Spring Road

Borrower City

LAUREL

Borrower State

MD

Borrower Zip

20707-3519

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

117815.00

Current Approval Amount

117815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20707-3519

CD

MD-04

Jobs Reported

10

NAICS Code

611691

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

117815.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

118989.92

Forgiveness Date

04/22/2021

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